Narrative Update • Jun 19
Have your own idea? Try our Stock Screener
Indian (NIFTY) Electronic Equipment and Instruments Industry Analysis
UpdatedJul 08, 2026
DataAggregated Company Financials
Companies21
- 7D-2.0%
- 3M55.6%
- 1Y-3.1%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 2.0%, driven by a pullback from Honeywell Automation India of 4.2%. Meanwhile, Rishabh Instruments actually outperformed within the industry, gaining 11% in the last week. However, the industry is down 3.1% over the past year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Indian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 Jul 2026 | ₹932.4b | ₹166.0b | ₹17.6b | 36x | 53.1x | 5.6x |
| Sat, 06 Jun 2026 | ₹884.7b | ₹166.0b | ₹17.6b | 34.9x | 50.3x | 5.3x |
| Mon, 04 May 2026 | ₹705.0b | ₹151.5b | ₹16.1b | 26.8x | 43.9x | 4.7x |
| Wed, 01 Apr 2026 | ₹555.7b | ₹151.4b | ₹16.0b | 20.7x | 34.6x | 3.7x |
| Fri, 27 Feb 2026 | ₹602.6b | ₹156.2b | ₹16.3b | 24.1x | 36.9x | 3.9x |
| Sun, 25 Jan 2026 | ₹574.7b | ₹146.4b | ₹15.0b | 22.6x | 38.4x | 3.9x |
| Tue, 23 Dec 2025 | ₹632.8b | ₹144.0b | ₹14.7b | 25.3x | 43x | 4.4x |
| Thu, 20 Nov 2025 | ₹670.0b | ₹143.8b | ₹14.6b | 32.5x | 46x | 4.7x |
| Sat, 18 Oct 2025 | ₹634.1b | ₹132.4b | ₹15.4b | 34.7x | 41.1x | 4.8x |
| Mon, 15 Sep 2025 | ₹651.9b | ₹131.6b | ₹15.4b | 35x | 42.4x | 5x |
| Wed, 13 Aug 2025 | ₹597.3b | ₹130.0b | ₹15.1b | 36.8x | 39.6x | 4.6x |
| Fri, 11 Jul 2025 | ₹521.2b | ₹92.2b | ₹10.8b | 40.7x | 48.2x | 5.7x |
| Sun, 08 Jun 2025 | ₹512.2b | ₹90.3b | ₹10.7b | 38.6x | 47.9x | 5.7x |
| Tue, 06 May 2025 | ₹439.9b | ₹82.5b | ₹8.7b | 46.2x | 50.5x | 5.3x |
| Thu, 03 Apr 2025 | ₹426.4b | ₹82.5b | ₹8.7b | 43.2x | 48.9x | 5.2x |
| Sat, 01 Mar 2025 | ₹510.5b | ₹90.4b | ₹10.9b | 43.1x | 47x | 5.6x |
| Mon, 27 Jan 2025 | ₹688.8b | ₹83.8b | ₹9.9b | 63.8x | 69.6x | 8.2x |
| Wed, 25 Dec 2024 | ₹762.4b | ₹83.7b | ₹10.0b | 69.9x | 76.6x | 9.1x |
| Fri, 22 Nov 2024 | ₹699.7b | ₹85.4b | ₹10.1b | 68.9x | 69.2x | 8.2x |
| Sun, 20 Oct 2024 | ₹810.0b | ₹77.6b | ₹9.1b | 85.4x | 88.8x | 10.4x |
| Tue, 17 Sep 2024 | ₹768.5b | ₹76.2b | ₹9.0b | 90.2x | 85.5x | 10.1x |
| Thu, 15 Aug 2024 | ₹754.7b | ₹76.3b | ₹9.1b | 62.5x | 83.2x | 9.9x |
| Sat, 13 Jul 2024 | ₹766.7b | ₹72.8b | ₹8.3b | 64.1x | 92.8x | 10.5x |
| Mon, 10 Jun 2024 | ₹677.8b | ₹71.0b | ₹8.2b | 63.7x | 83x | 9.6x |
| Wed, 08 May 2024 | ₹607.4b | ₹67.3b | ₹11.9b | 50.5x | 51.2x | 9x |
| Fri, 05 Apr 2024 | ₹574.9b | ₹66.7b | ₹11.7b | 40.5x | 49.1x | 8.6x |
| Sun, 03 Mar 2024 | ₹541.4b | ₹66.7b | ₹11.7b | 37.3x | 46.2x | 8.1x |
| Tue, 30 Jan 2024 | ₹540.7b | ₹65.2b | ₹11.8b | 41.8x | 45.7x | 8.3x |
| Thu, 28 Dec 2023 | ₹492.9b | ₹64.6b | ₹11.6b | 41.4x | 42.4x | 7.6x |
| Sat, 25 Nov 2023 | ₹500.4b | ₹64.6b | ₹11.6b | 33.6x | 43.1x | 7.7x |
| Mon, 23 Oct 2023 | ₹498.1b | ₹59.5b | ₹10.7b | 38.2x | 46.3x | 8.4x |
| Wed, 20 Sep 2023 | ₹520.4b | ₹59.1b | ₹10.7b | 36.5x | 48.7x | 8.8x |
| Fri, 18 Aug 2023 | ₹505.1b | ₹52.5b | ₹10.3b | 58x | 49.1x | 9.6x |
| Sun, 16 Jul 2023 | ₹495.1b | ₹49.8b | ₹9.8b | 27.9x | 50.6x | 9.9x |
Price to Earnings Ratio
50.6x
Current Industry PE
- Investors are relatively neutral on the Indian Electronic Equipment and Instruments industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 53.8x.
- The 3-year average PS ratio of 7.1x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 49% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Electronic Equipment and Instruments compare with similar industries?
| IN Market | 1.24% | |
| Tech | 3.33% | |
| Electronic Equipment and Components | -0.65% | |
| Electronic Equipment and Instruments | -2.04% | |
| Technology Distributors | 0.77% | |
| Electronic Manufacturing Services | 0.70% | |
| Electronic Components | -5.39% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RISHABH Rishabh Instruments | ₹650.80 | 11.3% +₹2.5b | 118.3% | PE30.8x | |
| 522295 Control Print | ₹654.20 | 3.4% +₹347.9m | -21.7% | PE24x | |
| 517393 Reganto Enterprises | ₹7.09 | 13.1% +₹120.0m | -71.4% | PE9.1x | |
| HOLMARC Holmarc Opto-Mechatronics | ₹103.40 | 8.7% +₹82.9m | -19.2% | PE37.8x | |
| 532362 Nagpur Power and Industries | ₹145.60 | 3.3% +₹60.9m | 20.5% | PS2.3x |